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Filing year 2023

NEWPORT FESTIVALS FOUNDATION INC

Manchesterbythesea, Massachusetts·EIN 27-4099544·NTEE A68 · Arts, Culture & Humanities·3
Total revenue
$12.5M
Total assets
$26.7M
Total expenses
$11.9M
Reported officers
23
Mission

NEWPORT FESTIVAL FOUNDATION'S MISSION IS TO CREATE MOMENTS OF HOPE THROUGH THE POWER OF MUSIC AND COMMUNITY.

Executive compensation, broken down

Form 990 · Schedule J · 5 reported individuals · Filing year 2023

Board Member/executive Dir
officer (unspecified)
$348k
$383k
Base
$348k
Bonus
Other
Benefits
Chief Operating Officer(former)
$190k
$209k
Base
$190k
Bonus
Other
Benefits
Chief Creative Officer
officer (unspecified)
$175k
$193k
Base
$175k
Bonus
Other
Benefits
Event Director
director (operational)
$149k
$164k
Partnership Director & Arc
director (operational)
$109k
$120k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 18 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Down 18%
from 2022

From $427k in 2022 to $348k in 2023.

$427k
2022
$348k
2023
In today's dollarsEst.
Down 21% in real terms$487k to $383k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

NEWPORT FESTIVALS FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$11.5M
$10.3M
2022
$12.5M
$11.9M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Arts, Culture & Humanities executives earn in Massachusetts

Comparable arts, culture & humanities organizations in Massachusetts pay their highest-earning executive a median of $75,614.

25th percentile
$24k
Median
$75,614
75th percentile
$130k
90th percentile
$293k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 197 organizations across 197 filings (2022 – 2023).

See full Arts, Culture & Humanities pay data for Massachusetts
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